Tuesday 22 November 2011

Closed Gold and wait for US session for new direction..

6.50pm. Tuesday
Closed gold position, at 1694.84, profit $12. The 5 mins chart (ya, not supposed to trade using these kind of timefame ! but..but...) shows two long pin tail pointing up.. meaning .. price looks to move down. I wasn't comfortable to see all the profit eroded to nothing when US wakes up to trade. Decided to close it now and observe. My current short EA pair is showing a loss of $12 in total..still looks like the bull trend has not died yet. My trade is a contraian trade... will leave it and observe what happen... expected total SL at $25+ thereabout, so I still can stretch it 50% more

Cash position as of now 301, Net 288..sad !

No comments:

Post a Comment